Exceptional Development Opportunity in Randall Heights – Nine Adjacent Lots with R-2 Zoning Discover an unparalleled investment opportunity in Southeast Washington, DC's heart at 2921 Langston Place SE. This expansive offering includes nine adjacent lots (Square 5839, Lots 0001, 0002, 0003, 0004, 0005, 0006, 0008, 0009, and 0010), perfect for developers and investors aiming to make a significant impact in a community where housing demands continue to grow. Key Features: Total Development Area: The package comprises nine wooded lots ready for clearing and development and a three-level, all-brick property needing renovation (Lot 0814, Square 5742). Zoning Perks: Zoned R-2, these lots are predominantly developed with semi-detached housing, offering a blend of density and community-focused living. Potential developers can use inclusionary zoning regulations, possibly qualifying for density bonuses or other tax incentives. Utilities: The existing property already has utilities, including water, gas, and electricity, simplifying the logistical aspects of future development. Strategically situated in a neighborhood with amenities, the site is a stone's throw away from Washington Park, Snow Hill Manor Neighborhood Park, Bedford Neighborhood Park MNCPPC, and Takoma Academy nearby. This prime location enhances the allure of residential development, making it an ideal investment opportunity. Additional Resources: A plot map, soil survey, and complete appraisal are available upon request. These provide all the necessary details to envision and plan the development project. This exceptional real estate is more than just a purchase; it's an investment in the future of Washington, DC. With its potential for semi-detached and possibly detached dwellings, it presents a unique opportunity to create a new community space tailored to the city's growing needs. Whether envisioning a series of contemporary homes or a more integrated residential complex, these lots provide the flexibility and scale necessary for a landmark development.
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Listing information last updated on May 4th, 2024 at 11:45am CDT.